An energy recovery ventilator (ERV) is a type of mechanical equipment that features a heat exchanger combined with a ventilation system for providing controlled ventilation into a building. An energy recovery ventilator with humidity regulation incorporates a method to remove excess humidity or add humidity to the ventilating air that is being brought into a house. This report focus on wall-mount, ceiling-mount and cabinet mount type products.
The global energy recovery ventilator market is growing due to increasing demand for energy recovery ventilators from end use industry segments of commercial and residential sectors. Ventilation is an important part in the HVAC systems. Incorrect ventilation system attracts pollutants such as virus, chemicals, ducts, and allows molds to grow rapidly. The use of advanced heating and energy recovery ventilation technology has allowed these systems to provide various benefits and help end-users in choosing from a wide range of high efficiency energy recovery ventilators (ERVs).
Carrier (United Technologies), Johnson Controls and Daikin Industries capture the top three production value share spots in the Energy Recovery Ventilation System market in 2016. Carrier dominated with 13.491% production value share, followed by Johnson Controls with 9.569% production value share and Daikin Industries with 8.345% production value share.
The Energy Recovery Ventilator (ERV) Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Energy Recovery Ventilator (ERV) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Energy Recovery Ventilator (ERV) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Energy Recovery Ventilator (ERV) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Energy Recovery Ventilator (ERV) market for 2015-2027.
Key Companies
Carrier (United Technologies)
Johnson Controls
Daikin Industries
Trane
Nortek
Lennox International Inc.
Mitsubishi Electric
Greenheck
FUJITSU
Zehnder
LG Electronics
Renewaire
Ostberg
Energy Recovery Ventilator (ERV) Market by Type
Wall-Mount
Ceiling-Mount
Cabinet-Mount
Energy Recovery Ventilator (ERV) Market by Application
Residential
Commercial
At the same time, we classify Energy Recovery Ventilator (ERV) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Energy Recovery Ventilator (ERV) market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Energy Recovery Ventilator (ERV) market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Energy Recovery Ventilator (ERV) market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Energy Recovery Ventilator (ERV) market for the forecast period 2021 - 2027?
• What are the driving forces in the Energy Recovery Ventilator (ERV) market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Energy Recovery Ventilator (ERV) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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